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To: Bob Strickland who wrote (38376)	1/21/1999 4:34:00 PM
From: BillyG	Read Replies (2) \| Respond to of 50808

TV/Com is the old Oak Communications. They've been in the cable biz for a long time. here's the text of the Mindport/TV/Com release: Mindport buys TV/Com - Expands American base - Hoofddorp, 26 November 1998 - Mindport is pleased to announce that it has acquired the American broadcasting technology company TV/Com International Inc.. The acquisition closed yesterday when Mindport formally purchased the company from Hyundai Electronics America. Based in the Netherlands, Mindport gains a solid initial base for its various companies from which they can grow in the Americas and offer technology solutions to customers and more localised support to serve their businesses. Mindport will be introducing itself to TV/Com's customers in the days ahead. Graham Kill, CEO of Irdeto Access and Mindport STB, says: "The opportunity to work with an existing talented and experienced team to develop these American-based activities was too good an opportunity to miss. We have worked with TV/Com for many years and know the company quite well, so we were able to work with Hyundai to conclude the transaction within a short period. We now look forward to building our business in this region”. Note to the editor: Mindport is a global solutions provider for electronic pay media, from Pay-TV to the Internet, enabling platform and channel operators to maximise their business opportunities. Mindport is present in all key areas of the required technology, including software and hardware, and is well placed to integrate them. Mindport has identified a few focus areas with the following operations to serve them: OpenTV (a runtime or middleware company), Irdeto Access (a Mindport Conditional Access company), Mindport IBS (Customer Care & Billing), Mindport MCT (Media Commerce Technologies), Mindport STB (Receiver Technologies) and Mindport Solutions (System Integration for Pay Media), Mindport's consultancy unit. Mindport has nearly 300 employees, based at the Head Office in Hoofddorp and the offices in Beijing (China), Irvine (USA), Randburg (South Africa) and Sydney (Australia). Furthermore, OpenTV, in which Mindport has a 44% stake and management role, has 130 employees, based in Mountain View, California (USA) and Paris (France). For further information, please contact: PR and Communications Executive Madelon Kaspers Tel: +31 23 556 22 18 Fax: +31 23 556 25 12 Mobile: +31 6534 12369

To: Bob Strickland who wrote (38376)	1/21/1999 4:39:00 PM
From: BillyG	Respond to of 50808

Mindport aquires TV / Com 11/30/98 Inside Digital TV (c) 1998 Phillips Business Information, Inc. Mindport, the Dutch based technology company, has acquired TV / Com from Hyundai Electronics America. Financial terms have not been disclosed, but it is understood that Hyundai approached Mindport with a view to a sale. Mindport, whose portfolio includes conditional access supplier Irdeto Access and a 44 per cent holding in OpenTV has worked with TV / Com since it began developing digital products in 1994. In 1995, when TV / Com was struggling financially under previous ownership the then Irdeto and Nokia provided a bridging loan before Hyundai purchased the company. "We've been eyeing the US market for some time," Irdeto Access and Mindport STB CEO Graham Kill told Inside Digital. "Our forays have not been yielding the return we would like, excluding OpenTV, so if we wanted a conduit we needed a permanent base there." In addition to conditional access, the acquisition also brings with it skills in network management-based systems - an area in which Kill says he wants to expand - set-top box software development and intellectual property rights. It is possible that the TV / Com moniker may disappear, but Kill is looking into the brand value of the TV / Com name.